On Bob Brinker yesterday..

[planosteve]

It has to do with the fact of how ridiculous it is to call this economy a "disaster."

Brinker thinks the system still works. Probably because it still does for him and most of his fans who are older people. But, for a lot of people, especially the young and the un or under employed it no longer does. They are basicly screwed. Brinker is blind to that.

Oh yeah?..well, what's your excuse?..you're older than dirt!

Excuse for what?

[GFB]

Brinker thinks the system still works. Probably because it still does for him and most of his fans who are older people. But, for a lot of people, especially the young and the un or under employed it no longer does. They are basicly screwed. Brinker is blind to that.

Oh yeah?..well, what's your excuse?..you're older than dirt!

Excuse for what?

You said older people are doing great..young people are not.

Being the endlessly tortured, whining, opining, forever negative, doomsday, conspiratorial naysayer that you are..why is it things are going so poorly for you?

[GFB]

For the folks who just can't bear to come to grips with the fact that the economy is steadily improving..(thinking they'll somehow be congratulating Obama in doing so)..snap out of it.

Obama worked very hard ruin everything..(whether he knows it or not )

The incredible, unstoppable American will and spirit can even overcome his best onslaught.

You should now know for SURE..that your country will never be driven into the ground..no matter how bad or how destructive any President will ever be.

Take heart..and learn.

Bottom line. You think David Stockman is an idiot and Bob Brinker is an economic genius.

No, David Stockman is a kook and Bob Brinker is just a simple teacher.

[planosteve]

Here's a little information that I sniffed out while having my morning enema.
Brinker's track record since 2,000 is pretty mixed. He got out of stocks before the dot com crash in 2,000. But, he totally missed the recession of 2007 and his average portfolio lost 26% because the doomsayers were right. He forgot to mention that in his little "rant" there.

[GFB]

planosteve]But, he totally missed the recession of 2007 and his average portfolio lost 26% because the doomsayers were right. He forgot to mention that in his little "rant" there.

No wonder you're so unhappy..you think the smart people got OUT of the market in the downturn.

[GFB]

People who stayed in the market are very happy they did.

They got to ride one of the greatest bull runs in history.

[planosteve]

People who stayed in the market are very happy they did.

They got to ride one of the greatest bull runs in history.

It was a phony FED induced run and most of them will ride it right back down again. They always do.

[GFB]

People who stayed in the market are very happy they did.

They got to ride one of the greatest bull runs in history.

It was a phony FED induced run and most of them will ride it right back down again. They always do.

That phoney run is now nearly 6 years long.

[GFB]

..and will continue well into next year.

And I'm the one still hoping for a sizable correction..doesn't look like I'm going to get it.

[planosteve]

..and will continue well into next year.

And I'm the one still hoping for a sizable correction..doesn't look like I'm going to get it.

You should write Grandma and chew her ass out.

[GFB]

..and will continue well into next year.

And I'm the one still hoping for a sizable correction..doesn't look like I'm going to get it.

You should write Grandma and chew her ass out.

She doesn't do stock markets.

[planosteve]

..and will continue well into next year.

And I'm the one still hoping for a sizable correction..doesn't look like I'm going to get it.

You should write Grandma and chew her ass out.

She doesn't do stock markets.

She does interest rates. Interest rates do bond markets. When bond markets change, so do stock markets.

[John in Plano]

..and will continue well into next year.

And I'm the one still hoping for a sizable correction..doesn't look like I'm going to get it.

You should write Grandma and chew her ass out.

She doesn't do stock markets.

Grandmas should still be invested in the stock market imo like the ones I know best.

[GFB]

Perhaps you're being funny..but if not..Steve was speaking of Janet Yellen.

[planosteve]

People who stayed in the market are very happy they did.

They got to ride one of the greatest bull runs in history.

It was a phony FED induced run and most of them will ride it right back down again. They always do.

I'm going to guess here that your still in the saddle.

[GFB]

People who stayed in the market are very happy they did.

They got to ride one of the greatest bull runs in history.

It was a phony FED induced run and most of them will ride it right back down again. They always do.

I'm going to guess here that your still in the saddle.

What does that mean.."ride it back down?"

Be specific.

[planosteve]

What does that mean.."ride it back down?"

Be specific.

A bear market. How do you know the difference between a temporary correction and a bear market? Do they ring a bell or something?

[GFB]

What does that mean.."ride it back down?"

Be specific.

A bear market. How do you know the difference between a temporary correction and a bear market? Do they ring a bell or something?

If the market drops 20% or more..you have a bear market.

There are conditions that warrant a healthy correction in here..there are no conditions at this time that would bring on a bear market.

Got a tough one?

[GFB]

A drop of 30% or more is considered a crash..you know..like gold.

[planosteve]

What does that mean.."ride it back down?"

Be specific.

A bear market. How do you know the difference between a temporary correction and a bear market? Do they ring a bell or something?

If the market drops 20% or more..you have a bear market.

There are conditions that warrant a healthy correction in here..there are no conditions at this time that would bring on a bear market.

Got a tough one?

What are the conditions that would bring on a bear market?